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Implementing greenhouse gas trading in Europe: Lessons from economic theory and international experiences
Boemare, Catherine; Quirion, Philippe - 2002
The European Commission (2001a) has recently presented a directive proposal to the Parliament and the Council in order to implement a tradable permits scheme. However, as stressed by the positive political economy, due to the influence of various interest groups, very few environmental policies...
Persistent link: https://www.econbiz.de/10011335704
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How can economies in transition pursue emissions trading or joint implementation?
Missfeldt, Fanny; Villavicenco, Arturo - 2002
Under the 1997 Kyoto Protocol, economies in transition are eligible for both emissions trading (Article 17) and joint implementation (Article 6). Guiding rules for implementing these mechanisms were decided through the Marrakech Accords in November 2001. These countries may benefit substantially...
Persistent link: https://www.econbiz.de/10011335720
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Pathways to European greenhouse gas emissions trading history and misconceptions
Zapfel, Peter; Vainio, Matti - 2002
We develop and discuss the three pathways to European Greenhouse Gas Emissions Trading: a top-down scheme based on the Kyoto Protocol of the UNFCCC, a bottom-up scheme linking national trading systems of EU Member States, and an EU-wide regional scheme based on the founding principles of the...
Persistent link: https://www.econbiz.de/10011335756
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Estimating the size of the potential market for the Kyoto flexibility machanisms
Zhang, Zhong Xiang - 2000
The Kyoto Protocol incorporates emissions trading, joint implementation and the clean development mechanism to help Annex I countries to meet their Kyoto targets at a lower overall cost. This paper aims to estimate the size of the potential market for all three flexibility mechanisms under the...
Persistent link: https://www.econbiz.de/10011608572
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Developing a European carbon trading market: Will permit allocation distort competition and lead to state aid?
Woerdman, Edwin - 2001
The objective of this paper is to find out whether differences between the domestic permit allocation procedures of the Member States of the European Union (EU) will distort competition and lead to state aid in a European carbon trading market. This paper shows that it depends whether one takes...
Persistent link: https://www.econbiz.de/10011608813
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The Kyoto Protocol: A flawed concept
Cooper, Richard N. - 2001
The framework of the Kyoto Protocol, an agreement for the world's rich countries to reduce their greenhouse gas emissions, is deeply flawed. This paper explains why. The Protocol lacks essential country coverage, provides an inadequate basis for allocating emission rights, lacks provision for...
Persistent link: https://www.econbiz.de/10011608814
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Will joint implementation survive international emissions trading? Distinguishing the Kyoto mechanisms
Janssen, Josef - 2000
The Kyoto Protocol stipulates that industrialised countries and countries with economies in transition, i.e. the group of Annex I countries, shall reduce their overall emissions of carbon dioxide and other five greenhouse gases by at least 5 % as compared to their 1990 emission levels. This...
Persistent link: https://www.econbiz.de/10011608624
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The Opening of the European Electricity Market and Environmental Policy: Does the Degree of Competition Matter?
Bigano, Andrea; Proost, Stef - 2004
This paper studies the relevance of strategic trade effects in the environmental policy for the European electricity … sector. The production, investment and trade of electricity are modelled for four European countries. Three market regimes …
Persistent link: https://www.econbiz.de/10011324917
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Local Electricity Distribution in Italy: Comparative Efficiency Analysis and Methodological Cross-Checking
Scarsi, Gian Carlo - 1999
This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both …-sectional data were examined with respect to:(a) ENEL - the Italian electricity monopolist;(b) municipal authorities (MUNIs), i ….e. town-based electric utilities which sometimes hold franchises for electricity distribution within city limits …
Persistent link: https://www.econbiz.de/10011608480
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Environmental dumping, transboundary pollution and asymmetric information: Some insights for the environmental regulation of the European electricity market
Bigano, Andrea - 1999
issues rests in their importance for the environmental regulation of the European electricity sector, where imperfect …
Persistent link: https://www.econbiz.de/10011608500